Statement of Changes in Beneficial Ownership (4)
February 22 2018 - 4:43PM
Edgar (US Regulatory)
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
|
OMB APPROVAL
OMB Number:
3235-0287
Estimated average burden
hours per response...
0.5
|
|
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
|
|
1. Name and Address of Reporting Person
*
Cowley Samuel C
|
2. Issuer Name
and
Ticker or Trading Symbol
INSIGHT ENTERPRISES INC
[
NSIT
]
|
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director
_____ 10% Owner
__
X
__ Officer (give title below)
_____ Other (specify below)
Gen'l Counsel & Secretary
|
(Last)
(First)
(Middle)
6820 S. HARL AVENUE
|
3. Date of Earliest Transaction
(MM/DD/YYYY)
2/20/2018
|
(Street)
TEMPE, AZ 85283
(City)
(State)
(Zip)
|
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_
X
_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
|
1.Title of Security
(Instr. 3)
|
2. Trans. Date
|
2A. Deemed Execution Date, if any
|
3. Trans. Code
(Instr. 8)
|
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
|
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)
|
7. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
Amount
|
(A) or (D)
|
Price
|
Common Stock
|
2/20/2018
|
|
M
|
|
843
|
A
|
$0.00
|
6964
|
D
|
|
Common Stock
|
2/20/2018
|
|
F
|
|
280
|
D
(1)
|
$35.31
|
6684
|
D
|
|
Common Stock
|
2/20/2018
|
|
M
|
|
1898
|
A
|
$0.00
|
8582
|
D
|
|
Common Stock
|
2/20/2018
|
|
F
|
|
580
|
D
(1)
|
$35.31
|
8002
|
D
|
|
Table II - Derivative Securities Beneficially Owned (
e.g.
, puts, calls, warrants, options, convertible securities)
|
1. Title of Derivate Security
(Instr. 3)
|
2. Conversion or Exercise Price of Derivative Security
|
3. Trans. Date
|
3A. Deemed Execution Date, if any
|
4. Trans. Code
(Instr. 8)
|
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
|
6. Date Exercisable and Expiration Date
|
7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
|
8. Price of Derivative Security
(Instr. 5)
|
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)
|
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)
|
11. Nature of Indirect Beneficial Ownership (Instr. 4)
|
Code
|
V
|
(A)
|
(D)
|
Date Exercisable
|
Expiration Date
|
Title
|
Amount or Number of Shares
|
Restricted Stock Units
|
(2)
|
2/20/2018
|
|
M
|
|
|
843
|
(3)
|
(3)
|
Common Stock
|
843
|
$0.00
|
2529
|
D
|
|
Restricted Stock Units
|
(2)
|
2/20/2018
|
|
M
|
|
|
1898
|
(4)
|
(4)
|
Common Stock
|
1898
|
$0.00
|
3794
|
D
|
|
Restricted Stock Units
|
(2)
|
2/20/2018
|
|
A
|
|
4532
|
|
(5)
|
(5)
|
Common Stock
|
4532
|
$0.00
|
4532
|
D
|
|
Restricted Stock Units
|
(2)
|
2/20/2018
|
|
A
|
|
6797
|
|
(6)
|
(6)
|
Common Stock
|
6797
|
$0.00
|
6797
|
D
|
|
Explanation of Responses:
|
(1)
|
Insight Enterprises, Inc. has withheld the number of whole shares necessary to satisfy the minimum statutory tax withholding obligations. The value of the vested shares (and the taxable income) is calculated based on the closing price on the vesting date or next preceding trading date in the case that the vesting date is a non-trading date.
|
(2)
|
Each restricted stock unit represents a contingent right to receive one share of Common Stock of Insight Enterprises, Inc.
|
(3)
|
The restricted stock units were granted on February 20, 2017 with vesting to occur in four equal annual installments beginning February 20, 2018.
|
(4)
|
The number of restricted stock units was subject to increase or decrease with the Company's performance against specific objectives defined in advance of the grant date. The revenue and profit performance objectives were achieved above target and the restricted stock units were increased accordingly. The restricted stock units vest in three equal annual installments beginning February 20, 2018.
|
(5)
|
The restricted stock units were granted on February 20, 2018 with vesting to occur in four equal annual installments beginning February 20, 2019.
|
(6)
|
The number of restricted stock units increases or decreases with the Company's performance against specific objectives defined in advance of the grant date, and the restricted stock units will vest in three equal annual installments beginning February 20, 2019.
|
Reporting Owners
|
Reporting Owner Name / Address
|
Relationships
|
Director
|
10% Owner
|
Officer
|
Other
|
Cowley Samuel C
6820 S. HARL AVENUE
TEMPE, AZ 85283
|
|
|
Gen'l Counsel & Secretary
|
|
Signatures
|
Lisanne Steinheiser, by Power of Attorney, for Samuel C. Cowley
|
|
2/22/2018
|
**
Signature of Reporting Person
|
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
|
*
|
If the form is filed by more than one reporting person,
see
Instruction 4(b)(v).
|
**
|
Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
|
Note:
|
File three copies of this Form, one of which must be manually signed. If space is insufficient,
see
Instruction 6 for procedure.
|
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
|
Insight Enterprises (NASDAQ:NSIT)
Historical Stock Chart
From Aug 2024 to Sep 2024
Insight Enterprises (NASDAQ:NSIT)
Historical Stock Chart
From Sep 2023 to Sep 2024